We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.

Quote by John Kenneth Galbraith

Topics: Money Quotes

It is a commonplace of modern technology that problems have solutions before there is knowledge...

It is a commonplace of modern technology that problems have solutions before there is knowledge...

Much literary criticism comes from people for whom extreme specialization is a cover for either...

Much literary criticism comes from people for whom extreme specialization is a cover for either...

Politics is not the art of the possible. It consists in choosing between the disastrous...

Politics is not the art of the possible. It consists in choosing between the disastrous...

In central banking as in diplomacy, style, conservative tailoring, and an easy association with the...

In central banking as in diplomacy, style, conservative tailoring, and an easy association with the...

Where humor is concerned there are no standards - no one can say what is...

Where humor is concerned there are no standards - no one can say what is...

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that...

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that...

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is...

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is...

There's a certain part of the contented majority who love anybody who is worth a...

There's a certain part of the contented majority who love anybody who is worth a...

Few people at the beginning of the nineteenth century needed an adman to tell them...

Few people at the beginning of the nineteenth century needed an adman to tell them...

The process by which banks create money is so simple that the mind is repelled.

The process by which banks create money is so simple that the mind is repelled.

Few things are more tempting to a writer than to repeat, admiringly, what he has...

Few things are more tempting to a writer than to repeat, admiringly, what he has...

There is an insistent tendency among serious social scientists to think of any institution which...

There is an insistent tendency among serious social scientists to think of any institution which...

In the choice between changing ones mind and proving there's no need to do so,...

In the choice between changing ones mind and proving there's no need to do so,...

Politics is not the art of the possible. It consists in choosing between the disastrous...

Politics is not the art of the possible. It consists in choosing between the disastrous...

In any great organization it is far, far safer to be wrong with the majority...

In any great organization it is far, far safer to be wrong with the majority...

The Metropolis should have been aborted long before it became New York, London or Tokyo.

The Metropolis should have been aborted long before it became New York, London or Tokyo.

In the United States, though power corrupts, the expectation of power paralyzes.

In the United States, though power corrupts, the expectation of power paralyzes.

Humor is richly rewarding to the person who employs it. It has some value in...

Humor is richly rewarding to the person who employs it. It has some value in...

Were it not for my little jokes, I could not bear the burdens of this...

Were it not for my little jokes, I could not bear the burdens of this...

Analyzing humor is like dissecting a frog. Few people are interested and the frog dies...

Analyzing humor is like dissecting a frog. Few people are interested and the frog dies...

In a false quarrel there is no true valour.

In a false quarrel there is no true valour.